m_and_a
confidence high
sentiment positive
materiality 0.90
Couchbase shareholders approve $1.5B acquisition by Haveli Investments at $24.50/share
Couchbase, Inc.
- 99.8% of votes cast (46,126,854) in favor of merger with Haveli Investments.
- All-cash transaction valued at $1.5 billion; shareholders receive $24.50 per share.
- Stock to cease trading and be delisted from Nasdaq upon closing; expected after remaining regulatory approvals.
- Special meeting quorum of 83.73% of outstanding shares; non-binding advisory compensation proposal also approved.
item 5.07item 8.01item 9.01